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Updated about 6 years ago on .

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1
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1
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Ronni Jeppesen
1
Votes |
1
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House-Hacking - Increasing income or decreasing expenses

Ronni Jeppesen
Posted

Hi there, 

i am following the "Path to fi", but have an issue on what people share about house hacking. 

Most time I hear it I hear it as people are decreasing there monthly expenses - but arent it more like increasing income (I mean i still have the same bills - actually increasing as utilities are up)? 

I admit its not like a huge problem, but with regards to my savings rate in % of my sallary it makes a huge difference. 

If I withdraw it from my expenses my expenses drops dramatically to like 10% of my sallary, giving me a savings rate above 90. 

If i put it on top of my income, where I myself believe it belongs, the savings rate is more like 60%.

Where would you guys have it placed?